Deduction in respects of rent paid u/s 80gg

This query is : Resolved 

17 October 2011 I am an Employee
I or my spouse or minor child not own any residential accommodeation at the place of works

But my Father own residential accommodeation at the place of my works

I paid rent fore residential accommodeation

can i get deduction U/s 80GG?

17 October 2011 hi,
1.The deduction u/s 80 GG is allowed only when ur not in receipt of HRA.
2. Actual rent is paid.
in your case if you dont receive HRA then you entitled to receive deduction u/s 80 GG.

The provision of Sec-80 GG are as under:
least of the Following is allowed as deduction:
1. Rs. 2000/- pm
2. 25 % of Aggregate gross Total income (AGTI)
3. actual rent paid.





You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query